Spacewell: Tackling The Challenging Needs Of Corporate Occupiers In A Dynamic Real Estate Market
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Executive Summary
The integrated workplace management systems (IWMS) market has significantly evolved, driven by the shifting needs of corporate real estate executives and the rise of hybrid working models. In May 2022 Verdantix introduced connected portfolio intelligence platforms (CPIPs) as the next generation of IWMS, designed to meet the increasing demand for data-driven decision-making in real estate management. This report represents a deep-dive into Spacewell – an IWMS/CPIP provider based in Antwerp, Belgium – and the recent updates to its workplace management offering. Since May 2023 Spacewell has introduced features that improve the customization of its solution, enhance hybrid working programmes through detailed analytics, and offer simulation tools for identifying cost savings. The evolution from IWMS to CPIP will further transform how executives manage their portfolios, by bringing together portfolio-level information with real-time device data, alongside advanced analytical tools. Spacewell's latest updates serve as proof-points of how the vendor has embraced the CPIP vision.
Table of contents
Easy-to-use tools are key to space managers’ decision-making processesExecutives are seeking solutions to help optimize real estate portfolios
In response to the evolving requirements of firms, Spacewell invests in its workplace offering to help drive data-based decisions
The ongoing evolution of IWMS to CPIP will address new corporate priorities and challenges
Table of figures
Figure 1. Real estate executives' objectives and portfolio initiativesFigure 2. Expected impact of technology innovation across portfolio processes
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